Friday, July 16, 2010

Too Many to See - Weekend Open Houses in Manhattan Beach

There is no way you will be able to visit all 58 Manhattan Beach open houses this Saturday and Sunday between 1:00 and 4:00. To help you choose the ones to see on your way to or from the beach, here’s a preview of a few newly listed Manhattan Beach homes which will be open.

The Beach Reporter provides a full list of Manhattan Beach (54) and Manhattan Village (4) homes that are open, in case there are others you missed when they were first listed.

See this MLS summary link for more information about the homes described below.

1202 Tennyson #8 Open Sun 1-4 ($772,500, 3br/2.5ba, 1750 sf, listed by Mickey Roughen/South Bay Brokers). This Mira Costa Section townhome is part of a 16-unit development (two 8-unit buildings). Each townhome has its own 3-car garage (one space is tandem), which can be accessed from within the unit. The master suite has a large walk-in closet, and a spa tub with separate shower. The master bedroom is comfortably large, but the other two bedrooms feel small. The townhome includes cherry stained wood cabinetry, hardwood floors in the living room and kitchen areas, granite counters, stainless steel appliances, wine cooler, pantry and a nice sized BBQ deck. Unit 8 is farthest from the street. The south side of the townhome is adjacent to visitor parking and has a view of the McDonald’s on Artesia Boulevard.

This same unit sold new in 2006 for $900,000. The most recent sale of any of these 16 townhomes was 1208 #6, which sold for $730,000 in November, 2009. Compared to other recent sales and 3-bedroom townhomes currently for sale in Manhattan Beach, this townhome is competitively priced. HOA dues are $186.

473 31st St. Open Sun 1-4 ($2,800,000, 4br/4.5ba, 4008 sf, listed by Molly Graw/South Bay Brokers). This modern home was designed by Architect Robert MacKenzie from Marina del Rey, CA and built in 2007. It is located on a Sand Section street with no through traffic, just one home away from the end of the cul-de-sac above Sand Dune Park. The three-level home has a large, chef’s kitchen, zoned air conditioning, three fireplaces, and a full-size, three-stop elevator. It includes beautiful hardwood floors and Walker Zanger stone &  tile. The street-to-alley lot is 30 feet by 90 feet. Access to the 3-car garage is from 31st Place. There are tree-top and ocean views from decks on the third level. I like the street-level room with the stone floor at the front of the home. It’s a perfect party room for folks going back and forth to the beach.

The current owners are asking the same price they paid for the home new in July 2008. As a bonus, if you like the furnishings, you can buy those too for an additional $125,000.

2808 Elm Ave. Open Sun 1-4 ($2,049,500, 5br/4ba, 3224 sf, listed by Kathleen Cartier/Shorewood Realtors). This attractive Cape Cod-styled home was built in 2006. The lower level consists of the 2-car garage with two storage rooms, a small, finished bonus room and a wine closet. The second or entry level is really four different levels for the living spaces. From the front to the back of the house each level descends by two steps. Bedrooms are on the third floor. The home has quality finishes consistent with the style of the home. There are custom built-ins, including a bench seating in the breakfast nook. It has everything you would expect of newer home (except an elevator). The backyard has a beautiful stone patio and is nicely landscaped. The lot is 4,480 square feet.

The owners bought this home new in late 2006 for $2,415,000.

2104 John St. Open Sun 1-4 ($2,599,000, 5br/5.5ba, 3980 sf, listed by Mike Michalski/South Bay Brokers & Sachi Fujita /Shorewood Realtors). Designed by Doug Leach and built by Greg Lutz in 2002, it is a beautiful, newer home in a great Tree Section location. The 5,693 square-foot lot is wider than normal for this area. The only thing I’d want to improve is the rear deck, which is not quite up to the quality of the rest of the home. The owners purchased this home in 2003 for $1,800,000.

You can read the listing agent’s own comments about the home and comparable properties at the Manhattan Beach Confidential Blog. (They are part of the comments for the July 15, 2010 post “Revisiting the MB/HB Auction.”)

748 11th St. Open Sat & Sun 1-4 ($4,495,000, 5br/5ba, 5707sf, listed by Dwight & Peggy Duggan & Donna Spafford/Real Estate West). This custom-built (in 1992) home in the Hill Section of Manhattan Beach has the feel of old-world elegance with carved wood finishes and huge casement windows. There are marble and hardwood floors throughout, with inlaid accents. It has a gourmet kitchen, guest/nanny/maid suite, five fireplaces and an elevator. There are three bedrooms on the entry level, with the master and a fifth bedroom on the second level. There are two offices and two family rooms plus formal living and dining rooms. The garage has one tandem space for a third car. Given the 7,953 square-foot lot, there is not much yard since the home and patio cover most of it.

This home last sold 10 years ago. Though this is a beautiful, custom home, it is 18 years old and without significant views. Based on comparable sales within the past year and current inventory, the asking price seems a bit high. Go see it this weekend and provide your comments.

Give me a call, if you'd like to buy one of these or any other South Bay home.
Janie Sue Nagy - 310.707.8762



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